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Twin Butte Energy Ltd TBTEF

Energy Oil & Gas E&P
Twin Butte Energy Ltd is an oil and natural gas exploration, development and production company with properties located in Western Canada. The firm's operational assets have been sold to West Lake Energy Corp.


GREY:TBTEF - Post by User

Twin Butte Energy Ltd
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Comment by bshort92on Jun 09, 2013 9:47pm
159 Views
Post# 21505393

RE: RE: RE: Who's got this much cash?

RE: RE: RE: Who's got this much cash?

I don't believe that there is a big investor coming into the TBE story. This issue is too heavily manipulated and traded. It's downside is more compelling than it's upside. I know Jim Saunders puts his money into this stock...he just bought another 100,000 shares recently. But if a big investor is coming into this play ala what a Seymour Schulich does with BIR it would be a bullish sign. However to date every buy gets met with a sell and until that trends goes away be skeptical.Don't fall for a $360 k purchase. You need a lot more buys to convince me and with it the share price would be ratcheting higher. It's not so don't get excited.

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